Workflow
Tariff talks send gold lower: Prices retreat after hitting all-time highs
CNBC Televisionยท2025-08-11 12:52

Market Trends & Potential Risks - White House considering an executive order addressing misinformation about potential tariffs on gold bars, causing market uncertainty [1] - A 39% tariff on Swiss gold could equate to $24 billion USD in tariffs annually, disrupting the gold trading dynamic between Switzerland, London, and New York [2] - Geopolitical uncertainty and a weakening dollar are contributing to higher gold prices [4] Investment Opportunities & Considerations - Gold is seen as a safe and finite investment option with a 75-year history and a 9% return [6] - Crypto is considered new and volatile compared to gold [6] - A million dollars worth of gold can be stored in a small safe [8] Economic Factors - Expectation of interest rates decreasing is influencing market behavior [4] - Dollar weakening makes gold more valuable [4]